If yet more proof were needed that Washington is out of touch, a bunch of eggheads sitting in nice offices have decided that the recession ended in June of 2009. Hahahahahahahaaha! They’re so stupid!
It turns out the recession ended more than a year ago. Feeling better now? The panel that determines the timing of recessions concluded Monday that this one ended — technically, anyway — in June 2009, and lasted 18 months. The duration makes it the longest since World War II.
The panel that determines such things is comprised totally of people who have not a brain in their collective head. So who believed them? Why the geniuses over on Wall Street of course. The happy news of the recession’s end pushed the stock market up over 145 points… The blind are leading the blind and deaf and dumb and damned.
I can’t wait to get to the local food pantry this week and tell the people there waiting for help obtaining the basics of life that the recession ended back in 2009. I bet they’ll be so relieved. Whew…
- Economic panel says recession ended in June 2009 (mysanantonio.com)
- Economic Panel Says Recession Ended in June 2009 (nytimes.com)